§ 32-10-129 - Bank exempted from taxes and assessments
O.C.G.A. 32-10-129 (2010)
32-10-129. Bank exempted from taxes and assessments
The bank is performing an essential governmental function in the exercise of the powers conferred upon it and shall not be required to pay taxes or assessments upon property or upon its operations or the income therefrom, or taxes or assessments upon property or loan obligations acquired or used by the bank or upon the income therefrom.